CITY OF SIGNAL HILL
STAFF REPORT
2175 Cherry Avenue • Signal
Hill, California 90755-3799
1/28/2025
AGENDA ITEM
TO:
HONORABLE MAYOR
AND MEMBERS OF THE CITY COUNCIL
FROM: CARLO TOMAINO
CITY MANAGER
BY: SIAMLU COX
ACTING ADMINISTRATIVE SERVICES OFFICER/FINANCE DIRECTOR SUBJECT:
SCHEDULING A BUDGET WORKSHOP
Summary:
The City Council will consider dates for its budget workshop covering Fiscal Year (FY) 2025-26, the second year of the biennial budget for FY 2024-26.
Strategic Plan Goals:
Goal No. 1 Financial Stability: Ensure the City’s long-term financial stability and resilience.
Recommendation:
Select a date for the annual budget workshop.
Fiscal Impact:
There is no fiscal impact associated with the recommended action.
Background and Analysis:
The City’s fiscal year begins on July 1 which requires that the annual budget adoption occur on or before this date. Each year the City Council schedules time to conduct a budget workshop. The purpose of this workshop is to review the second year, FY 2025-26, of the FY 2024-26 biennial budget.
The suggested dates are Tuesday, May 13, 2025, at 6:00 PM and Tuesday, May 27, 2025, at 6:00 PM. The preliminary budget will be distributed to the City Council and made available to the public on the City’s website prior to the selected date. A workshop on one of these proposed dates will ensure CITY OF SIGNAL HILL Page 1 of 2 Printed on 1/23/2025
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1/28/2025
the City’s website prior to the selected date. A workshop on one of these proposed dates will ensure sufficient time to adopt the FY 2025-26 budget in June 2025.
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